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2 bedrooms apartment for sale in Naron, Spain
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2 bedrooms apartment for sale in Naron, Spain

55 000€

Narón

Features

  • General
  • 2 bedrooms
  • 2 bathrooms
  • Areas
  • Built: 90 m²
  • Useful: 72 m²

Property description

Don't miss this great investment opportunity in Narón! We are offering 5 apartments for sale to reform, with prices ranging from €55,000 to €65,000. These properties have a price per square meter starting from €875/m², significantly below the market average in the area which is around €1,000/m². The property areas range between 86 M² and 104 M², making them suitable for both rental investment and future sale. The necessary reforms for these properties range between €27,000 and €30,000, ensuring that the property is in perfect condition for its revaluation. You have the option to purchase with or without the reform. The estimated rental profitability for these properties is between 6% and 7%, based on the high demand for rent in this area. Additionally, with a real estate market in constant growth, an appreciation of prices in the medium term is expected. Narón is a continuously expanding area, one of the most coveted in the metropolitan area of Ferrol with remarkable economic and demographic development. The properties are in proximity to key services such as supermarkets, health centers, schools, and public transport, increasing their value in the long term. Just 5 minutes away from the Odeón Shopping Center and with easy access to the AP-9, connecting Narón with the main cities of Galicia, these properties are conveniently located. The area also offers parks and green areas perfect for leisure and outdoor activities. These properties not only offer an attractive price but are also located in an expanding area, ensuring high return on investment in the short and medium term. With an affordable purchase price and estimated reform costs, the properties will be in optimal conditions to maximize profitability. This is a smart investment opportunity you wouldn't want to miss!

Location

Date added: 11.10.2024

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